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  1. Unions facing an uphill battle outside state sector

    Posted Oct 27th 2004, 12:00am by Shi Jiangtao

    ... economy is now made up of a mixture of state-owned enterprises, privately run business, foreign-funded companies and joint ventures. Although the constitution guarantees freedom of association, ... on time and even state-owned enterprises are not paying adequate attention to safeguarding workers' benefits in their restructuring processes,' Ms Gu said. 'Decisions [made ...

  2. Corrections & clarifications

    Posted May 07th 2008, 12:00am by Staff Reporter

    ... In last Friday's report headlined 'Mainland executive salaries close in on Wall Street levels', it should have been stated that the survey covered all mainland enterprises. Ping An Insurance (Group) is not a state-owned company. ...

  3. Pension fund to invest more in state enterprises

    Posted Apr 13th 2012, 12:00am

    ... Daniel Ren in Shanghai Ren.wei@scmp.com The national pension fund has pledged to increase investments in major state-owned enterprises (SOEs), in a bid to cement its ties ... support to state-owned companies, facilitating their consolidations, acquisitions and overseas expansions. 'NSSF will play an active role in supporting central-government-owned enterprises so ...

  4. Slice of state companies' profits to fund welfare

    Posted Jun 08th 2007, 12:00am by Tom Miller

    ... Tom Miller in Beijing State-owned enterprises are likely to be required to hand over a proportion of their profits to help fund national medical and old-age insurance schemes, a director ... Xiqing told a conference on Wednesday, the Securities Times reported. 'We expect state-owned enterprises to deliver dividends and to hand over their profits, especially to the social ...

  5. Investment curbs lifted on enterprise annuities

    Posted Feb 08th 2007, 12:00am by Staff Reporter

    ... annuities are big state-owned firms. The market has been developing quickly since 2005 due to government prodding. The largest of these pension funds belongs to Huainan Mining Industry, one ... Amy Gu in Beijing The mainland's almost 100 billion yuan in enterprise annuities will soon be allowed to invest in the country's interbanking bond market, ending technical ...

  6. News - China - WEALTH GAP

    State of inequality as China's rich get richer

    Posted Nov 07th 2012, 12:00am by Victoria Ruan

    ... delay which has seen it amended half a dozen times. Meanwhile, the well-heeled officials of state-owned enterprises maintain a stranglehold on lucrative industries, such as oil ... discussions, said many state-owned enterprises have resisted paying the required dividends. He was confident a reform plan would be ready by the end of this year and would be launched by March ...

  7. Wen vows swift economic reforms

    Posted Mar 06th 2012, 12:00am

    ... up state-owned monopolies. The measures would help achieve balanced and sustainable growth in the economy, driven by private consumption, Wen said. In his annual government work report ... of senior managers of state-owned firms and financial institutions. While blue-collar migrant workers earn just a few thousand yuan a month, top executives of major state-owned firms make millions ...

  8. Workers must get on their bikes after restructuring

    Posted Jan 11th 2004, 12:00am by Staff Reporter

    ... Vivien Cui Yu Mei, 36, has been working at the state-owned Da Peng bicycle chain plant in Shandong province for 14 years. Now, like millions of other employees of state-owned enterprises ... overstaffed state-owned enterprises within three years. This will see an estimated three million employees laid off every year until the end of 2006. An official announcement published ...

  9. Vice-president and vice-premier stress importance of ethnic unity

    Posted Aug 27th 2009, 12:00am by Minnie Chan

    ... state-owned and privately owned enterprises to develop more innovative and sustainable industries for the region's future economic development and stability. He also asked local governments, party cadres in state-owned and privately owned enterprises, farming and grassland areas, border checkpoints and schools to take care of minorities' needs. In Qinghai, Mr Li encouraged ...

  10. How to fix the iron rice bowl

    Posted Feb 27th 2004, 12:00am by Michelle Chen

    ... As state-owned enterprises in old industrial centres shut down, several million workers must face jarring economic insecurity after decades of relative stability under a massive welfare state. Labour ... is difficult to gauge since the rate does not include laid-off workers who have not terminated state-owned enterprise contracts, surplus rural labourers, migrants, or state-owned enterprise workers ...




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